Goodman, Alabama

Cost of living in Goodman, Alabama

  • Cost of living compated to USAlow
  • Cost of living compared to Alabamahigh
  • Median household incomelow

Is it expensive to live in Goodman, Alabama? When calculating the cost of living in Goodman, Alabama we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Goodman, Alabama is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama, while median household income in Goodman is $52,900 which is low Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama.

Taxes in Goodman, Alabama

The sales tax rate in Goodman, Alabama is 9.0%. Last year, the average property taxes paid was 0.4% Goodman, Alabama.

Here is the table with the State Income Taxes in the state of Alabama:

State Income Tax Brackets (Single):

Income Bracket Threshold Income Bracket Ceiling Alabama Income Tax Rate
$0 $500 2.0%
$500 $3,000 4.0%
$3,000 $9,999,999 5.0%

State Income Tax Brackets (Married):

Income Bracket Threshold Income Bracket Ceiling Alabama Income Tax Rate
$0 $1,000 2.0%
$1,000 $6,000 4.0%
$6,000 $9,999,999 5.0%

Housing costs in Goodman, Alabama

  • The average cost of a single-family home compated to USAlow
  • The average cost of a single-family home compated to Alabamamoderate

In Goodman, Alabama, 85% of the population owns their homes, while approximately 15% rent. The average cost of a single-family home in Goodman, Alabama in 2022 is $161,993 which is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Alabama. The average one-bedroom apartment cost is approximately $560 per month.

Rental SizeMonthly CostCompared to Alabama
1 Bedroom$560the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$710the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$930the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,040lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest